BALATON, MN  56115

Total Population: 1,262

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Median Home Value

$191,900

Owner-occupied units

Median Household Income

$67,177

Across all households

Median Age

40.9 yrs

Across all residents

Bachelor's Degree+

28.4%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)93.3%
Two or More Races3.8%
Hispanic or Latino2.9%

Under 18 Years

27.0%

65 Years and Over

20.3%

Male

53.8%

Female

46.2%

U.S. Citizens (18+)

100.0%

No Health Insurance

6.1%

Education

3 fields

High School Graduate or Higher (25+)

97.3%

Bachelor's Degree or Higher (25+)

28.4%

Enrolled in College (18+)

2.6%

Economics

6 fields

Median Household Income

$67,177

Mean Household Income

$80,837

Per Capita Income

$34,636

Unemployment Rate (16+)

3.4%

In Labor Force (19–64)

85.8%

SNAP / Food Stamps

8.2%

Housing & Households

13 fields

Median Home Value

$191,900

Median Rent

$1,057/mo

Total Housing Units

561

Owner-Occupied

82.3%

Renter-Occupied

17.7%

Vacancy Rate

6.2%

Married Couple Households

58.7%

Cohabiting Couple Households

2.7%

Male Householder, No Partner

21.5%

Female Householder, No Partner

17.1%

Average Household Size

2.35

Broadband Internet Access

89.0%

Housing Built Since 2010

8.6%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 56115.